Rally

Solana

FLOKI

Resistance

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/inmortal-predicts-ethereums-potential-rally-to-4100/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Inmortal Predicts Ethereum’s Potential Rally to $4,100</a><br></p>
<p style="text-align: justify">Popular <a href="https://en.coin-turk.com/what-is-a-crypto-wallet/" data-wpel-link="internal" rel="noopener noreferrer nofollow">cryptocurrency</a> analyst Inmortal believes that Ethereum (ETH) is gearing up for a significant rally. With 217,500 followers on Twitter (X), the analyst suggested that Ethereum could rise by 75% to reach $4,100 following its recent decline.</p>
<h2 style="text-align: justify" id="technical-outlook-for-ethereum">Technical Outlook for Ethereum</h2>
<p style="text-align: justify">Inmortal noted that Ethereum has broken a horizontal resistance level on the lower time frames. In the shared chart, he explained, “ETH is leading. Resistance is forming below classic consolidation, along with higher lows.” He added that this situation indicates a stronger upward trend for Ethereum.</p>
<h2 style="text-align: justify" id="solana-s-movement-in-2021">Solana’s Movement in 2021</h2>
<p style="text-align: justify">In addition to Ethereum, Inmortal pointed out that Solana (SOL) has displayed a movement similar to its consolidation period in 2021. In 2021, SOL consolidated below $60 before reaching an all-time high of $259. According to the analyst, even though SOL is currently trading at $166, it could experience a significant rise similar to that time.</p>
<p style="text-align: justify">Inmortal also indicated that the <a href="https://en.coin-turk.com/the-latest-meme-coin-of-solana-faces-a-tough-period-after-initial-surge/" data-wpel-link="internal" rel="noopener noreferrer nofollow">meme token</a> Floki (FLOKI) is potentially on the verge of a breakout. The analyst predicts that FLOKI could reach $0.00021 soon. Currently, FLOKI is trading at $0.000151, and he believes that this token is also preparing for a substantial rally.</p>
<p style="text-align: justify">According to the analyst, Ethereum represents a slower yet reliable investment option. Solana’s potential rise could also serve as a positive signal for Ethereum. Additionally, while meme tokens like Floki carry high risks, they may offer substantial gains. Inmortal’s forecasts highlight potential opportunities in the <a href="https://en.coin-turk.com/the-transformative-potential-of-bitcoin-and-artificial-intelligence-cathie-woods-optimistic-view/" data-wpel-link="internal" rel="noopener noreferrer nofollow">cryptocurrency market</a>.</p>
<p>The post <a href="https://en.coin-turk.com/inmortal-predicts-ethereums-potential-rally-to-4100/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Inmortal Predicts Ethereum’s Potential Rally to $4,100</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

Inmortal Predicts Ethereum’s Potential Rally to $4,100

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